Query on WIP which is to be capitalised

A company has some amount under WIP. These are expenses incurred which will be capitlised later under the asset block -  furniture and fixture. These are basically expenses incurred on company showroom refurbishing

Questions

1) Under Indian AS where this amount is to be disclosed in Balance sheet ? Kindly quote AS number.

2)Under IFRS where this amount is to be disclosed in Balance sheet?Kindly quote IFRS number.

3)Please let me know is it wrong to classify this under the head WIP under Current Assets.If yes, why?

Please answer all questions separately in the order question is asked.

Many thanks.